“Coniagas Battery Metals Inc. (TSXV: COS) is positioned in ‘elephant country,’ known for extraordinary deposits,” stated CEO Frank Basa during an interview with InvestorNews.com host Tracy Hughes at PDAC 2025. Basa emphasized the exceptional exploration potential of the company’s Graal property near Saguenay, Quebec, highlighting significant nickel, copper, cobalt, and platinum group metals (PGM) discoveries. According to Basa, the initial drilling results indicate grades frequently exceeding 1%, with certain intersections even reaching double-digit percentages. “Regardless how you look at it, the grades are unbelievable over extremely wide widths,” he remarked, adding that the deposit has a compelling open-pit potential, coupled with deeper underground mining possibilities, since “historically, the deeper you go, the better the grades.”The strategic importance and resource potential of Quebec as a mining jurisdiction was also underscored by Basa. Referring to Quebec as exceptionally supportive, he noted, “you pick up the phone…and they say, ‘how can we help, what can we do for you?’” Basa praised organizations such as Investment Quebec for proactively supporting exploration companies and even traveling internationally to assist in promotion, describing them as “super supportive” and “really wonderful people.” He further noted the regional geological strength, particularly with reference to nearby Power Metallic Mines Inc.‘s (TSXV: PNPN | OTCBB: PNPNF) notable discoveries, emphasizing the Graal property’s favorable geological setting known for large-scale, high-grade base metal deposits.Basa provided additional insight into the diverse metal composition at the Graal property, pointing out intriguing occurrences of PGMs within early drill programs. Although initially not emphasized due to conservative reporting practices, Basa disclosed, “we hit a lot of platinum group metals” with “crazy PGM numbers,” which repeatedly appeared in drill assays. He conveyed excitement for Coniagas Battery Metals’ future, reiterating that shareholders should expect robust drilling activity throughout 2025. Basa concluded confidently, “we drill, we talk, and we never stop,” reflecting the company’s focused strategy aimed at defining a significant critical metals resource to meet rising demand from the electric vehicle market.
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